More than 90% of GP-led transactions priced at a 5% discount or better compared with only 32% of LP-led transactions, Campbell Lutyens reports.
2 min read · 03 August 2021
Four months after bringing on Jake Stuiver from Evercore to build out the strategy, the firm continues to devote resources to the LP side of the market amid the post-covid rebound.
2 min read · 01 June 2021
The sheer scale of GP-led secondaries is enormous. But with turnover still marginal, the LP side is also poised for exponential growth.
10 min read · 11 May 2021
LP portfolio sales fell to account for around half of total deal volume last year as GP-led processes surged.
2 min read · 29 March 2021
The deal is leading off a year that many secondary market players expect to be particularly busy with not only GP-led transactions like restructurings but also large, traditional LP portfolio sales.
2 min read · 02 March 2021
The appointment comes at a time when many advisors are focusing on GP-led transactions.
2 min read · 01 February 2021
CIO Jim Grossman told the $63bn pension’s board that staff would focus on slower private equity pacing to reduce its allocation for now.
2 min read · 20 January 2021
The Carlyle subsidiary has hit the hard-cap on ASP VII and raised $1.2bn for co-investments, with support of LPs such as the California Public Employees’ Retirement System.
2 min read · 16 December 2020
In the wake of multiple key departures from the market’s biggest advisor, the future of the multi-billion LP portfolio market is up for grabs.
3 min read · 19 November 2020
The $56bn US pension will continue to look to the secondaries market to sell certain non-core holdings, CIO James Grossman has said.
2 min read · 13 October 2020
